That's a good term for sure. On the payables if we add the accruals and subtract cash and receivables March looks okay, the unrealised hedges does offer a buffer but agree it probably best to keep them incase OP stays low. A question is probably does the AP and accruals cover the drilling and completion work with no overruns? If yes the March qtrly should provide some good insight to June where imo the main impact of lower OP and Shutins will be felt.
Appreciate your efforts also on O&G generally, thks
Cheers
SSN Price at posting:
1.1¢ Sentiment: Hold Disclosure: Not Held